Tortoise Energy Infrastructure Corporation (TYG) To Go Ex-Dividend on September 23rd

Tortoise Energy Infrastructure Corporation (NYSE:TYG) declared a monthly dividend on Thursday, August 20th. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.475 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.7%. The ex-dividend date is Wednesday, September 23rd.

Tortoise Energy Infrastructure Price Performance

NYSE TYG opened at $44.74 on Friday. The business’s 50 day moving average price is $43.26 and its 200-day moving average price is $45.91. Tortoise Energy Infrastructure has a fifty-two week low of $40.35 and a fifty-two week high of $51.18.

Tortoise Energy Infrastructure Company Profile

Tortoise Energy Infrastructure Corp. (NYSE: TYG) is a closed-end management investment company that focuses on investing in energy infrastructure companies. Organized as a business development company under the Investment Company Act of 1940, it primarily acquires and manages a diversified portfolio of debt and equity securities issued by publicly traded and private energy infrastructure businesses. The company seeks to generate current income and long-term capital appreciation through selective investments across the energy value chain.

The firm’s investment strategy emphasizes midstream infrastructure, including pipeline transportation, storage, processing facilities, and terminals.